Entries from March 2009

March 5, 2009

El Hombre de las Dificultades

Mr Chávez of Venezuela continues his path towards communism. The latest move is a nationalization of the local rice operations of US company Cargill Inc. (WSJ) It’s hard to tell whether the line is already crossed from socialism to totalitarian communism but the  idea of military ensured price controls gives a hint.
Glommy

March 4, 2009

New times?

Is Reaganism dead? We have been told from various left wing media that is the case. Tax cuts only makes the wealthy more wealthy. The cure for a recession is government spending and to make sure the right people gain from the upcoming prosperity, the new president blesses the people with “new change”. New change [...]